It’s difficult to say which online payment method is the best for depositing funds to top up your online casino account because what works well for you as an individual may not be the right payment method for the next person.
In other words, it often boils down to personal preferences, the type of device you are using to deposit, the online casino you are making a deposit to, which country you live in and how much you are trying to deposit.
In fact, many online casino players today regularly use several different online payment methods depending on the situation rather than relying on just one payment method.
Below, we review some of the most popular online casino payment options that players across the world seem to prefer using at their chosen iGaming sites.
What type of payment methods do online casinos typically accept?
Most licensed online casinos today, especially ones that are controlled by some of the industry’s most trusted names, typically accept a range of secure online payment methods, including credit and debit cards, bank transfers, e-wallets and prepaid cards.
However, no two online casinos are the same when it comes to which payment methods they accept. For example, some operators may only accept five or so deposit methods, whereas others might accept 25 or more.
Each site is different, which is why you should always read the expert reviews or visit the banking section before joining anywhere just to see if the site you are considering accepts any of your preferred online payment methods.
You don’t want to sign up with a site only to find out that your preferred payment method isn’t accepted. Most of the time, you will find that today’s safest online casinos will accept a variety of secure online payment methods that can be used for deposits and withdrawals.
Examples include:
- Mastercard
- Visa
- PayPal
- Apple Pay
- Paysafecard
- Trustly
- Bank wire transfer
- Neteller
- Maestro
- Payz
- MuchBetter
- Interac
- Jeton
- AstroPay
Where you live will often determine which online payment methods are available to you. For example, Interac is a deposit option commonly used in Canada. OZOW, Blu Voucher and OTT Voucher are popular in South Africa, and POLI is popular in New Zealand.
Similarly, players in India often use one or two other deposit options, such as UPI and IMPS bank transfers or Paytm.
You can also find plenty of universal online payment methods that seem to be accepted almost everywhere, including Visa and Mastercard credit and debit cards, PayPal, Apple Pay, instant bank transfers and the Paysafecard prepaid card.
They all have their own advantages and disadvantages, so it’s difficult to say which of these highly secure online payment methods is best.
You may find that players prefer using the PayPal digital wallet but if that method isn’t accepted, then they will use their Apple Pay mobile wallet or Visa debit card instead so they can play their favorite games when their preferred deposit option isn’t available.
Which other deposit options can players use to top up their accounts?
It’s also common to find online casinos that accept other tried and tested deposit methods, such as Zimpler, EPS, Giropay, Pay By Mobile, Sofort, Euteller, eZeeWallet, Flexepin, iDeal, Entropay and InstaDebit.
Some sites now accept cryptocurrencies also at the checkout, meaning players can deposit using their Bitcoin, Ethereum, Tether, Ripple, Litecoin or Solana cryptocurrency.
The important thing to remember is that if you live in the United Kingdom, there are currently no sites licensed by the UK Gambling Commission that accept credit cards or cryptocurrencies. Instead, UK players must use other secure online payment methods, such as debit cards, prepaid cards, bank transfers or mobile/digital wallets.
Conclusion
To ensure you never spend more money than you can afford to lose, the experts recommend heading straight to the responsible gambling tools section before depositing money on any licensed casino sites that you decide to join, where you can manually set things like deposit limits and win/loss limits in under a minute.
Also, consider setting a sensible spending budget before depositing. Setting things like session time reminders, a daily, weekly or monthly deposit limit, a spending cap or win/loss limits can help you hang on to your bankroll for much longer periods. This will ensure that you never exceed your initial budget.
Most licensed casino sites actively promote responsible gambling to protect players and ensure they have a safe and fun time each time they log in to play.
Without setting one or more of these limits, it can be easy to get carried away and spend more than you initially planned, so always take a minute to set your limits when you sign up anywhere new.